Grace Enfield, Content Writer
@grace_enfield
You should not hire a cosigner for a personal loan because it might violate the lender’s rules and you won’t know if the person is trustworthy. Even though it’s possible to hire someone through a cosigner service, it’s not wise to since the service may charge an expensive fee and may be fraudulent.
Instead of hiring a co-signer, you should consider someone whom you trust to cosign the loan, like a spouse, guardian, or friend. They need to have a higher credit score and income than you for cosigning the loan to make sense.
You can check out WalletHub’s picks for the best personal loans with a cosigner if you and your cosigner are ready to start comparing options. If you are unable to find a cosigner, you should consider alternatives such as getting a secured personal loan or using a credit card.
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